Chinese
#humanoidrobot #startup #XSquareRobot secured $100 million in funding led by
#Alibaba Cloud. The company, valued at around 2 billion yuan, released an
#opensource #AImodel for
#robotics and launched its
#QuantaX2 #robot. X Square Robot aims to make robots more autonomous and affordable for
#massmarket delivery within five years.
https://www.cnbc.com/2025/09/08/alibaba-leads-100-million-investment-in-chinese-humanoid-robot-startup.html?eicker.news #tech #media #news
Alibaba leads $100 million investment in Chinese humanoid robot startup
Capital is rushing into humanoids — X Square Robot has completed eight fundraising rounds in less than two years since the startup was founded.
CNBC